Word: market
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Paulson has become well-known in financial circles for his negative outlook on the real estate market at the peak of the housing bubble and earned billions in 2007 in part by betting against mortgage-backed securities. IKB and ACA suffered significant losses on the portfolio...
...School Professor Allen Ferrell noted that Paulson’s actions likely did not constitute wrongdoing, if the hedge fund was independently speculating on future market movements—which is not fraudulent behavior...
...earlier version of the Apr. 21 news article "Professors Discuss Goldman Suit" incorrectly attributed to Law School Professor Allen Ferrell the statement that hedge fund manager John Paulson's speculation on future market movements likely did not constitute wrongdoing. In fact, Ferrell said that if Paulson had only made independent speculations, then his actions would not constitute wrongdoing...
While Eleganza, Project East and Identities define their relationships with minority communities on unique terms, Parent’s sentiment seems to resonate for all three of these fashion shows. As designers borrow inspiration from respective outside communities to create their clothes for market or school, these three shows return the favor—making use of couture to serve the ethnic communities at Harvard and beyond in both social and charitable ways...
...strapped military seek "greater cooperation" with the French. That didn't go down so well everywhere. "The pride of our forces has finally been surrendered with our leaders admitting we can no longer afford to go to war - without going cap in hand to our historic enemies," spluttered mass-market daily...